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2023-03-31-accounts

HEAVEN LIGHT MINISTRY INTERNATIONAL

HEAVEN LIGHT MINISTRY INTERNATIONAL HEAVEN LIGHT MINISTRY INTERNATIONAL HEAVEN LIGHT MINISTRY INTERNATIONAL HEAVEN LIGHT MINISTRY INTERNATIONAL HEAVEN LIGHT MINISTRY INTERNATIONAL
Income & expenditure for theyear ended 31 March 2023
INCOME
Tithe & Offering
Business Rate Grant
Others
EXPENDITURE
Rent & Rates
Youth expenses
Transport
Admin expenses
Telephone
Radio Programme
Television Programme
Volunteers Allowance
Professional fees
Church Outreach Programme
Love Offering
Departmental Costs
Maintenance
Stationery / Printing
Bank Charges
Depreciation
Outreach Programme
Charitable Giving
Missions
Programme Cost
Surplus / (Deficit)
2023
2023
2022
2022
£
£
£
£
48,759
42,003
-
16,000
48,759
58,003
35,400
32,965
1,888
3,443
130
644
5,080
6,430
3,930
500
500
1,400
1,020
2,258
353
1,167
879
666
813
2,805
750
837
-
-
48,332
55,527
427
2,476
48,759










48,332
58,003














55,527

427 2,476

Page I

HEAVEN LIGHT MINISTRY INTERNATIONAL

Balance Sheet as at 31 March 2023
2023
2023
2022
2022
Notes
£
£
£
£
Fixed Assets
Tangible Assets
1
3,035
3,701
Current Assets
Debtors
4,479
9,783
Cash at bank and in hand
336
751
4,815
10,534
Current Liabilities
Creditors and accruals
500
-
Net Current Assets
4,315
10,534
7,350
14,235
Financed by
Reserves
7,350
14,235
Income & exp. Account
2
-
-
7,350
14,235
Balance Sheet as at 31 March 2023
2023
2023
2022
2022
Notes
£
£
£
£
Fixed Assets
Tangible Assets
1
3,035
3,701
Current Assets
Debtors
4,479
9,783
Cash at bank and in hand
336
751
4,815
10,534
Current Liabilities
Creditors and accruals
500
-
Net Current Assets
4,315
10,534
7,350
14,235
Financed by
Reserves
7,350
14,235
Income & exp. Account
2
-
-
7,350
14,235
Balance Sheet as at 31 March 2023
2023
2023
2022
2022
Notes
£
£
£
£
Fixed Assets
Tangible Assets
1
3,035
3,701
Current Assets
Debtors
4,479
9,783
Cash at bank and in hand
336
751
4,815
10,534
Current Liabilities
Creditors and accruals
500
-
Net Current Assets
4,315
10,534
7,350
14,235
Financed by
Reserves
7,350
14,235
Income & exp. Account
2
-
-
7,350
14,235
Balance Sheet as at 31 March 2023
2023
2023
2022
2022
Notes
£
£
£
£
Fixed Assets
Tangible Assets
1
3,035
3,701
Current Assets
Debtors
4,479
9,783
Cash at bank and in hand
336
751
4,815
10,534
Current Liabilities
Creditors and accruals
500
-
Net Current Assets
4,315
10,534
7,350
14,235
Financed by
Reserves
7,350
14,235
Income & exp. Account
2
-
-
7,350
14,235
Balance Sheet as at 31 March 2023
2023
2023
2022
2022
Notes
£
£
£
£
Fixed Assets
Tangible Assets
1
3,035
3,701
Current Assets
Debtors
4,479
9,783
Cash at bank and in hand
336
751
4,815
10,534
Current Liabilities
Creditors and accruals
500
-
Net Current Assets
4,315
10,534
7,350
14,235
Financed by
Reserves
7,350
14,235
Income & exp. Account
2
-
-
7,350
14,235
4,815
500
10,534
-




7,350 14,235
7,350
-
14,235
-
7,350 14,235

These accounts have been prepared in accordance with the special provisions for small companies under Section 386 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities.

For the year ended 31 March 2023, the company was entitled to exemption under Section 477 of the Companies Act 2006. No members have required the church to obtain an audit of its accounts for the year in question in accordance with section 476. The Trustees acknowledge their responsibility for: (i) Ensuring the church keeps accounting records which comply with Section 386; and (ii) Preparing accounts which give a true and fair view of the state of affairs of the church as at the end of its financial year, and of its surplus/deficit for the financial year which otherwise comply with the requirements of the Companies Act relating to accounts, so far as

applicable to the company.

The financial statements were approved by the Trustees on the …………………….. and signed on their behalf by:

J Quansah

John Quansah Trustee

continued on….. page 3

Page 2

HEAVEN LIGHT MINISTRY INTERNATIONAL

1. Movement of Assets
Cost
At 1 April 2022
Additions
Disposal
Depreciation
Charge for the year
Net Book Value*
At 31 March 2023
2022
2022
Fixtures/Fittings
Equipment
TOTAL
£
£
£
886
2815
3701
886
2815
3701
159
507
666
159
507
666
727
2308
3035

2. Income & exp. Account

At 01 April 2022
Donation
Surplus for the year
At 31 March 2023
£
14235
-7312
427
7350

Page 4

HEAVEN LIGHT MINISTRY INTERNATIONAL

HEAVEN LIGHT MINISTRY INTERNATIONAL HEAVEN LIGHT MINISTRY INTERNATIONAL HEAVEN LIGHT MINISTRY INTERNATIONAL HEAVEN LIGHT MINISTRY INTERNATIONAL HEAVEN LIGHT MINISTRY INTERNATIONAL
Income & expenditure for theyear ended 31 March 2023
INCOME
Tithe & Offering
Business Rate Grant
Others
EXPENDITURE
Rent & Rates
Youth expenses
Transport
Admin expenses
Telephone
Radio Programme
Television Programme
Volunteers Allowance
Professional fees
Church Outreach Programme
Love Offering
Departmental Costs
Maintenance
Stationery / Printing
Bank Charges
Depreciation
Outreach Programme
Charitable Giving
Missions
Programme Cost
Surplus / (Deficit)
2023
2023
2022
2022
£
£
£
£
48,759
42,003
-
16,000
48,759
58,003
35,400
32,965
1,888
3,443
130
644
5,080
6,430
3,930
500
500
1,400
1,020
2,258
353
1,167
879
666
813
2,805
750
837
-
-
48,332
55,527
427
2,476
48,759










48,332
58,003














55,527

427 2,476

Page I

HEAVEN LIGHT MINISTRY INTERNATIONAL

Balance Sheet as at 31 March 2023
2023
2023
2022
2022
Notes
£
£
£
£
Fixed Assets
Tangible Assets
1
3,035
3,701
Current Assets
Debtors
4,479
9,783
Cash at bank and in hand
336
751
4,815
10,534
Current Liabilities
Creditors and accruals
500
-
Net Current Assets
4,315
10,534
7,350
14,235
Financed by
Reserves
7,350
14,235
Income & exp. Account
2
-
-
7,350
14,235
Balance Sheet as at 31 March 2023
2023
2023
2022
2022
Notes
£
£
£
£
Fixed Assets
Tangible Assets
1
3,035
3,701
Current Assets
Debtors
4,479
9,783
Cash at bank and in hand
336
751
4,815
10,534
Current Liabilities
Creditors and accruals
500
-
Net Current Assets
4,315
10,534
7,350
14,235
Financed by
Reserves
7,350
14,235
Income & exp. Account
2
-
-
7,350
14,235
Balance Sheet as at 31 March 2023
2023
2023
2022
2022
Notes
£
£
£
£
Fixed Assets
Tangible Assets
1
3,035
3,701
Current Assets
Debtors
4,479
9,783
Cash at bank and in hand
336
751
4,815
10,534
Current Liabilities
Creditors and accruals
500
-
Net Current Assets
4,315
10,534
7,350
14,235
Financed by
Reserves
7,350
14,235
Income & exp. Account
2
-
-
7,350
14,235
Balance Sheet as at 31 March 2023
2023
2023
2022
2022
Notes
£
£
£
£
Fixed Assets
Tangible Assets
1
3,035
3,701
Current Assets
Debtors
4,479
9,783
Cash at bank and in hand
336
751
4,815
10,534
Current Liabilities
Creditors and accruals
500
-
Net Current Assets
4,315
10,534
7,350
14,235
Financed by
Reserves
7,350
14,235
Income & exp. Account
2
-
-
7,350
14,235
Balance Sheet as at 31 March 2023
2023
2023
2022
2022
Notes
£
£
£
£
Fixed Assets
Tangible Assets
1
3,035
3,701
Current Assets
Debtors
4,479
9,783
Cash at bank and in hand
336
751
4,815
10,534
Current Liabilities
Creditors and accruals
500
-
Net Current Assets
4,315
10,534
7,350
14,235
Financed by
Reserves
7,350
14,235
Income & exp. Account
2
-
-
7,350
14,235
4,815
500
10,534
-




7,350 14,235
7,350
-
14,235
-
7,350 14,235

These accounts have been prepared in accordance with the special provisions for small companies under Section 386 of the Companies Act 2006 and with the Financial Reporting Standard for Smaller Entities.

For the year ended 31 March 2023, the company was entitled to exemption under Section 477 of the Companies Act 2006. No members have required the church to obtain an audit of its accounts for the year in question in accordance with section 476. The Trustees acknowledge their responsibility for: (i) Ensuring the church keeps accounting records which comply with Section 386; and (ii) Preparing accounts which give a true and fair view of the state of affairs of the church as at the end of its financial year, and of its surplus/deficit for the financial year which otherwise comply with the requirements of the Companies Act relating to accounts, so far as

applicable to the company.

The financial statements were approved by the Trustees on the …………………….. and signed on their behalf by:

J Quansah

John Quansah Trustee

continued on….. page 3

Page 2

HEAVEN LIGHT MINISTRY INTERNATIONAL

1. Movement of Assets
Cost
At 1 April 2022
Additions
Disposal
Depreciation
Charge for the year
Net Book Value*
At 31 March 2023
2022
2022
Fixtures/Fittings
Equipment
TOTAL
£
£
£
886
2815
3701
886
2815
3701
159
507
666
159
507
666
727
2308
3035

2. Income & exp. Account

At 01 April 2022
Donation
Surplus for the year
At 31 March 2023
£
14235
-7312
427
7350

Page 4

COMPILATION REPORT

We have examined the Accounts on pages 1 to 2 according to Accounting Principles of unaudited Financial Statements.

We report that the accompanying Financial Statements have been compiled from records kept by the church and information supplied by the Trustees.

We have not audited the Accounts and accordingly, do not express an opinion or any other form of assurance.

In our opinion, the Trustee is entitled under the Companies’ Act 2006 to dispense with a statutory audit of the accompanying Accounts.

okingsley KOFAL Associates 24 May 2024

Page 4

DIRECTOR’S REPORT

The principal activities of Heaven Light Ministry International is the provision of an extensive range of spiritual and religious charitable service and it intends to do more extensively as we move away from the effect of covid.

It is the Trustees’ responsibility to ensure that Financial Statements prepared give a true and fair view of the state of affairs of the church as at the end of the Financial year, and the surplus/deficit for the year; that adequate accounting records have been maintained; and that church assets have been safeguarded; and in addition, reasonable and prudent judgements and estimates have been used in the preparation of the Accounts.

J Quansah

Trustee 24 May 2024

Page 5

TRUSTEE’S STATEMENT

For the year ended 31 March 2023, Transformation Arena Ltd was entitled to exemption from audit under section 477 of the Companies Act 2006.

The trustees have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The trustees’ acknowledge their responsibility for complying with the requirements of the Act with respect to accounting records and for the preparation of accounts.

J Quansah

Trustee 24 May 2024

Page 3